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Senior Manager , Credit Policy & Risk Management

Job Highlights

                            
                            City
                            Toronto

                        
                        Type
                        Direct Hire

                        
                        Salary
                        $90,000

About the Opportunity

Plan, design, Create, review and revise credit policies in accordance with the strategic goals and objectives, risk tolerance, and regulatory requirements
Develop detailed credit guidelines that outline the systematic processes for credit underwriting, credit evaluation, credit adjudication & approval, account monitoring
Define clear underwriting criteria for evaluating creditworthiness of borrowers. Outline the hierarchy of authority for credit approvals, including the types of decisions that require approval at different levels
Ensure that all credit policies and guidelines adhere to regulatory and industry standards
Ensure the Policies and Guidelines adequately address potential credit risks associated with the Bank’s lending activities
Establish protocols for ongoing credit monitoring and quality reviews
Develop reporting mechanisms to track and communicate the performance of the credit portfolio to senior management and the Board
Effectively communicate changes in credit policies and guidelines to relevant stakeholders within the organization
Regularly review and update credit policies and guidelines to adapt to changing market conditions/economic environment, emerging risks, and regulatory changes
Perform review of Credit Quality i.e. quality of underwriting, adjudication, adherence to P&Ps, RAF etc.
Assist in maintaining, updating, or revising the other risk related policies and guidelines (Credit Risk Framework, RAF, ECL policy etc.)
Support in preparing quarterly Risk Reports for Senior Management/ Board reporting
Participate in knowledge transfer, within the team as well as business units and provide appropriate training

About You

Bachelor’s Degree in Finance, Economics, Business, or related field
Relevant professional certifications, designations or equivalent education is preferred
At least three to five years of work experience in credit risk management or a related role
In-depth knowledge of credit risk analysis, lending principles and regulatory expectations
Excellent writing and communication skills
Detail oriented with strong analytical and problem-solving skills
Familiarity with credit scoring models and relevant software tools for documentation and data analysis is a plus

How to Apply
Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats. When referencing this job, quote # 399385.

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.